Genesis Lease Limited (NYSE: GLS) was a global aircraft leasing company incorporated in Bermuda in July 2006 and had a successful IPO and New York Stock Exchange listing in December 2006. It was headquartered in Shannon, County Clare, Ireland. It acquired its initial portfolio of leased aircraft from GE Capital Aviation Services (GECAS), who continued to service the portfolio (collecting rentals, monitoring maintenance condition, etc.). On 25 March 2010 Genesis Lease Limited merged with AerCap Holdings N.V. (NYSE: AER) in an all share-for-share merger.[1]
| Company type | Subsidiary of General Electric |
|---|---|
| NYSE: GLS | |
| Industry | Aircraft leasing |
| Defunct | March 25, 2010 |
| Fate | Merged with AerCap |
| Headquarters | , Ireland |
Genesis stock was traded on the New York Stock Exchange as an American depositary receipt stock under the ticker GLS.
References
edit- ^ Jacobs, Karen (25 March 2010). "UPDATE 1-AerCap completes acquisition of Genesis Lease". Reuters. Retrieved 3 December 2011.
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